دسته: Bookkeeping

Be aware that no team could rise above the attitudes, skills and desires of its weakest members. I had partners, staff, support people and clients wanting to be exceptional and who wanted to work with exceptional people. I never compromised by doing less than the…

In addition, when trying to access tax services, I was simply upsold by a partner company that wanted $500 plus $150 to do my taxes. In other screens, I was prompted to buy more products from Wave Payroll. I would have preferred to be contacted…

We use Plaid, which lets you securely connect your financial accounts to Bench in seconds. This feature saves you the time and effort of manually uploading documents. Perpetual CPA leadership team has nearly 35+ years of combined Accounting, Tax, Controllership, CFO, and Business Administration skills…

These inaccuracies not only impact current performance assessments but also affect future decision-making. It shows a business has consistently generated profits and retained a good portion of those earnings. It also indicates that a company has more funds to reinvest back into the future growth…

The variability of sales tax laws across jurisdictions requires clear assessments of tax obligations, regardless of the company’s operational location. Monthly Recurring Revenue (MRR) is the total monthly revenue generated from clients’ subscriptions. It serves as a critical gauge of monthly revenue, factoring in new…

An asset’s initial cost and useful life are also the same using any method. Many accountants use a simple, easy-to-use method called the straight-line basis. This method straight line depreciation spreads out the depreciation equally over each accounting period. Unlike more complex methodologies, such as double…

Before diving into the how-to of nonprofit accounting, it’s important first to understand what it’s all about. Nonprofit accounting is tailored to meet the unique needs and regulatory requirements of mission-driven organizations like yours. The truth is, most people join nonprofits to focus on advancing…

Fortunately, doing accounting for your childcare business is easier than you may think. It simply takes the right tools and a repeatable process to make managing your books a breeze. Bookkeepers use single-entry systems to keep track of cash, taxable income, and tax-deductible expenses while…